Shearman And Sterling

News March 24, 2014

Shearman & Sterling Advises on Sempra Energy’s Copper Mountain Solar 3 Project

Shearman & Sterling advised Mitsubishi-UFJ Financial Group and Sumitomo Mitsui Banking Corporation as coordinating mandated lead arrangers and Union Bank as administrative agent and collateral agent in connection with a financing for Sempra Energy's Copper Mountain Solar 3 project in Nevada, which is the third phase of its Copper Mountain Solar complex. Copper Mountain Solar 3 is an approximately 250 MW polycrystalline silicon photovoltaic (PV) solar plant and is expected to be completed in 2015.

The Shearman & Sterling team included partners Robert N. Freedman (New York-Project Development & Finance) and Patricia Hammes (New York-Project Development & Finance) and associates Usman Ahmad (New York-Project Development & Finance), Monica Lamb (New York-Project Development & Finance), Laura Mulry (New York-Environmental) and Joshua Rivera (New York-Corporate).